To compete for top rents, some landlords are undertaking expensive apartment renovations in older rental buildings.
It paid what he called "top rent" for the site -- $189,00 a year -- and Mr. Miu said it was always paid on time.
"If the Hamptons is upward of $70,000 for the season," said Seymour Surnow, owner of the Surnow Group at William Raveis Real Estate, "then our top rent is $50,000".
"American Beauty," Sam Mendes and Alan Ball's singular view of suburbia, is video's top renter this week -- and that's with one hand tied behind its back.
He hopes to collect rents of as much as $175 a square foot for some of the stores, more than four times the current top rents of $40 a square foot.
But Mr. Spitzer has said that he will consider raising the $2,000-a-month rent level at which vacant apartments can be removed from rent regulation and to indexing that top rent to the cost of living.
"Theater Club Has Plans for Broadway House Artsts pages, Nov. 22) noted the concern of a Clinton Special District Coalition representative that the apartments planned adjacent to the Biltmore Theater would command "top rents" and thus "put further pressure on prices" in that neighborhood.
John Fisher, the president of the Clinton Special District Coalition, said he was concerned that apartments in the proposed high-rise would command top rents and put further pressure on prices in the rapidly changing neighborhood to the west.
Currently, Rent2Buy's advisors include current and past executives from top rent-a-car companies, including National, Hertz, Budget and Alamo.
Samuel LeFrak $2.6 billion Rank: 152 The New Jersey real estate tycoon owed a lot to the Twin Towers: Tenants paid top rents for his luxury apartments across the Hudson River for the proximity and stunning views of lower Manhattan.
